Senior Commercial Manager

Who are we?Equinix is the world’s digital infrastructure company, shortening the path to connectivity to enable the innovations that enrich our work, life and planet. A place where bold ideas are welcomed, human connection is valued, and everyone has the opportunity to shape their future.A career at Equinix means being at the center of shaping what comes next and amplifying customer value through innovation and impact. You’ll work across teams, influence key decisions, and help shape the path forward. You’ll find belonging, purpose, and a team that welcomes you—because when you feel valued, you’re empowered to do your best work.Job SummaryThis position sits within the Equinix Global Design and Construction team (Circa 300 no. people) who deliver over 70 projects globally per year (in excess $4Bn annual capex).The primary focus of the role is commercial management oversight across Equinix’s portfolio major expansion construction projects throughout AMERThe position works closely with other internal project teams. Including Design, Construction, Procurement (including Major Capital Equipment (MCE) Purchasing), Finance, PMO, Legal and Corporate DevelopmentThe role is expected to provide proactive strategic and day-to-day leadership specifically focused to drive down construction costs, provide assurance against internal financial controls and reporting processes and help manage all major contract risksResponsibilitiesPre-ContractProcurement of third-party consultants including Design, Commercial and Pre-Construction ServicesDevelopment of detailed Request for Proposals (RFP) and service deliverables for the commercial management servicesDay to day management of third-party commercial consultants to ensure deliverables are met in a timely manner and to a high standardDevelopment of General Contractor and supplier procurement strategies in conjunction with the Construction Management (CM) teamWorking with Legal and Procurement Centre of Excellence (COE) to prepare General Contractor Contracts including negotiation of Contract termsCollation and presentation of market insights for the construction industry in the relevant country including market activity, comparative builds, construction cost indices, key suppliers and benchmarking informationPreparation of budgets for all design stages including feasibility estimation, detailed cost modelling, benchmarking analysis and presentation of this to senior management throughout funding approval stagesAdvice on the most economical design and construction delivery strategy including budget comparisonsIdentification of market and region-specific commercial risks and development of practical mitigation strategiesEnsuring that all cost data is prepared and presented in the Equinix WBS throughout the Project lifecycleInput and action of Value Engineering (VE) exercises at all stages of design. The output must include clear cost evaluation to support decision makingPrepare annual and quarterly cashflow forecasts for active and pipeline projectsPrepare and oversee monthly reports for budget, cashflow, risk and change managementPost ContractDay to day management of third-party commercial consultants to ensure deliverables are met in a timely manner and to a high standardMonitor adherence against budget throughout the project lifespan including cost checks and reviews, value engineering and cost saving initiatives and evaluation of alternatesOversee and provide guidance on commercial change management and change evaluation efforts on all projectsMonitor and report monthly and quarterly on project portfolio cash flow for the regionProvide Construction in Place (CIP) data to FinancePro-actively lead all commercial risk management efforts including commercial audits, contingency analysis and managementPrepare and oversee monthly cost reports for budget, cashflow, risk and change managementMonitor the financial close-out on all projects including settlement of all vendorsPrepare lessons learned cost analysis and detailed Work Breakdown Structure (WBS) analysis of outturn costsQualificationsBachelors degree in construction, business, financial or related field, or equivalent experienceProven experience in a Commercial Management role at a senior levelDemonstrated mission critical facility experience, strong preference for data center experienceWorking knowledge of mission critical MEP expertisePreference for campus project experiencePreferably RICS accreditationDetail orientated, with accurate input and proof-reading skillsAbility to handle multiple tasks in a fast-paced environment.Strong business acumenStrong written and verbal communication skillsStrong sense of accountability, ownership and urgencyStrong Excel, Power BI, Cost Management Tool skills and experienceThe targeted pay range for this position in the following location is / locations are:United States - Chicago Office CHO1 : 150,000 - 224,000 USD / AnnualOur pay ranges reflect the minimum and maximum target for new hire pay for the full-time position determined by role, level, and location.The pay range shown is based on our compensation structure in place at the time of posting and may be updated periodically based on business needs. Individual pay is based on additional factors including job-related skills, experience, and relevant education and/or training.The targeted pay range listed reflects the base pay only and does not include bonus, equity, or benefits. Employees are eligible for bonus, and equity may be offered depending on the position.Equinix BenefitsAs an employee, you become important to Equinix’s success. We ensure all your benefits are in line with our core values: competitive, inclusive, sustainable, connected and efficient. We keep them competitive within the current marketplace to ensure we’re providing you with the best package possible. So, wherever you are in your career and life, you’ll be able to enhance your experience and bring your whole self to work.Employee Assistance Program: An Employee Assistance program is available to all employees. US Benefits: - Insurance: You may enroll in health, life, disability and voluntary plans that are designed for you and your eligible family members. - Retirement: You and Equinix may contribute to a retirement plan to help you plan for your financial future. - Paid Time Off (PTO) and Paid Holidays: You will receive an accrued amount of PTO each pay period along with various paid holidays for you to rest and recharge. Eligibility requirements apply to some benefits. Benefits are subject to change and may be subject to specific plan or program terms. Equinix is committed to ensuring that our employment process is open to all individuals, including those with a disability. If you are a qualified candidate and need assistance or an accommodation, please let us know by completing this form. Equinix is an Equal Employment Opportunity and, in the U.S., an Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to unlawful consideration of race, color, religion, creed, national or ethnic origin, ancestry, place of birth, citizenship, sex, pregnancy / childbirth or related medical conditions, sexual orientation, gender identity or expression, marital or domestic partnership status, age, veteran or military status, physical or mental disability, medical condition, genetic information, political / organizational affiliation, status as a victim or family member of a victim of crime or abuse, or any other status protected by applicable law. We use artificial intelligence in our hiring process. Learn more here. This posting is for a backfill position, meaning it is to fill an existing vacancy within our organization. SummaryLocation: Chicago Office CHO1Type: Full time